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Litecoin (LTC) Releases v0.18.1 Upgrade With Mining, Wallet and Documentation Advancements

News
Thu, 06/11/2020 - 10:41
Vladislav Sopov
Litecoin (LTC) network software progress is not only focused on MimbleWimble preparations. Version 0.18.1 has been delievered and developers are hinting at new builds
Litecoin (LTC) Releases v0.18.1 Upgrade With Mining, Wallet and Documentation Advancements
Cover image via crypto.u.today
Contents

Litecoin (LTC) network developers have published a new version of its core software, v.0.18.1. Its release candidate was announced on May 08, 2020, and underwent thorough testing.

Numerous updates

Today, on June 11th, 2020, Charlie Lee, the founder of Litecoin (LTC), celebrated the new release and mocked all non-believers who accused Litecoin (LTC) of showing very little development progress.

Litecoin (LTC) Core v.0.18.1 is up and running
Image via Twitter

The new upgrade covers every aspect of software performance required for Litecoin (LTC) network operations. The SegWit rule implementation is rescheduled in terms of mining. 

White List Force Relay is an unusual feature: now users can relay transactions from whitelisted peers, even when not accepted to the mempool. Litecoin (LTC) developers highlight they will be particularly interested in feedback on this function.

Documentation of Litecoin (LTC) software has been enriched with many major additions. BIP70 is finally disabled for some builders to prevent Litecoin (LTC) network interaction from vulnerabilities.

Keeping pace with Bitcoin (BTC)

Some other novelties closely resemble the upgrades for new versions of Bitcoin Core, i.e. BIP61 messages are now deprecated and will be deleted in future builds.

Also, numerous RPC commands have been upgraded to facilitate network performance and advance transaction logic.

Lastly, the instrument for the seamless creation of new wallet files has been implemented. This allows the creation of a new wallet file or the display of some basic information about an existing wallet without needing to use RPCs.

As covered by U.Today Crypto News, the most exciting release for Litecoin (LTC), i.e. the implementation of the MimbleWimble privacy protocol, may start testing in September, according to its lead developer.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director

News
Mon, 07/13/2020 - 14:38
Vladislav Sopov
John Lilic, managing director at ConsenSys decentralized development studio, has shared an over-bullish prediction for Ethereum (ETH) progress
Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director
Cover image via stock.adobe.com
Contents

John Lilic leads international business development in the ConsenSys leading blockchain development studio. He is also an expert in energy markets and cryptocurrency segments. He tracked the progress of Bitcoin's (BTC) and Ethereum's (ETH) market capitalization statistics, coming up with an extravagant prediction.

Bitcoin (BTC) should get ready for parity

Mr. Lilic outlined that Ethereum (ETH) is showcasing much healthier dynamics than its competitor is. For instance, the flagship cryptocurrency still surpasses Ethereum (ETH) by 6.3x in terms of market capitalization, while simultaneously collecting 20% fewer fees than Ethereum (ETH).

John Lilic of ConSensys foresees parity of Bitcoin (BTC) and Ethereum (ETH) market capitalizations
Image via Twitter

Also, Ethereum (ETH) is demonstrating much more impressive price dynamics this year. It gained almost 37% against Bitcoin (BTC) in 2020. That said, Ethereum (ETH) looks severely undervalued to the top manager of ConsenSys.

However, Ether is on the path to eliminating this discrepancy. Eventually, the top two cryptocurrencies may reach market capitalization parity, concludes Mr. Lilic.

Related Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains
Related
Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains

As covered by U.Today Crypto News recently, Coinmetrics on-chain research team called Bitcoin (BTC) and Ethereum (ETH) the unique crypto behemoths that have managed to recover from Black Thursday.

Bitcoin (BTC) is losing supremacy in "fee race"

Should Ethereum (ETH) overcome its undervaluation, its price may be over $1,550 based on liquid supply and current Bitcoin (BTC) market capitalization.

Recently, it was unveiled that Ethereum (ETH) blockchain continues to surpass Bitcoin (BTC) in terms of network fees for more than 30 days in a row. Ethereum (ETH) is seeing this advantage for the first time in its history.

As U.Today Crypto News reported previously, ex-Messari analyst and angel investor Qiao Wang identifies two main catalysts of Ethereum's (ETH) price run in the mid-term perspective.

Related Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang
Related
Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang

According to Wang, the upcoming rally may be fueled by a long-awaited transition to Proof of Stake and fixing the monetary policy of Ether token.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)